Hebert & Co CPA's anticipates that partners will bill 1,00 . professional hours, managers will bill 7,500 professional hours and staff accountants will bill 25,00 . professional hours. Billing rates are $250, $150 and $75 for partners, managers and staff accountants, respectively, and salary rates are $100 . $60 and $30 for partners, managers and staff accountants, respectively. What is Hebert &
Co's budgeted professional labor cost?
a. $3,500,000
b. $2,070,000
c. $2,500,000
d. $1,300,000
d
Business
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